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The Day the King Defaulted

- Financial Lessons from the Stop of the Exchequer in 1672

Om The Day the King Defaulted

As with any modern banking crisis, the financial system in 1672 almost collapsed, day-to-day commerce ground to a halt, houses were lost, and ordinary investors suffered-but there was no banking bailout, and no mercy for the goldsmith-bankers who had lent the king millions to fund his unsustainable lifestyle.

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  • Språk:
  • Engelsk
  • ISBN:
  • 9783319599861
  • Bindende:
  • Paperback
  • Sider:
  • 218
  • Utgitt:
  • 2 oktober 2017
  • Utgave:
  • 12017
  • Dimensjoner:
  • 208x147x25 mm.
  • Vekt:
  • 326 g.
  Gratis frakt
Leveringstid: 2-4 uker
Forventet levering: 15 oktober 2024

Beskrivelse av The Day the King Defaulted

As with any modern banking crisis, the financial system in 1672 almost collapsed, day-to-day commerce ground to a halt, houses were lost, and ordinary investors suffered-but there was no banking bailout, and no mercy for the goldsmith-bankers who had lent the king millions to fund his unsustainable lifestyle.

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